Wednesday, March 6, 2019

President Trump seeks to integrate some portions of the Chinese Socialist model and that might be a good thing

In the wake of California's primary utility company PG&E seeking to file bankruptcy for the second time in a decade, an interesting case could be made for the government to take control over primary necessities such as energy, utilities, and even banking in the economy.

This of course is what is done in China under their Socialist economic model, where the government controls areas such as finance, energy, resources, and transportation, and the rest of the economy is left open for entrepreneurs and capitalism.

But is this something that could take place in America?  Well according to a number of declarations by President Donald Trump over the past few months, this is exactly what he is proposing in multiple areas around the country.


Trump apparently wants to control 5G in a ‘state-run’ socialist twist to American capitalism—and now there are indications that it could become part of the 2020 election campaign. 
Over the weekend, President Donald Trump’s 2020 campaign team renewed its controversial pitch on nationalizing the country’s 5G network. In other words, the government would have control of 5G airwaves and lease access to private wireless providers. - Safehaven
Government control over the burgeoning 5G network is not the only area of the economy that the President has called to be nationalized.  In fact his attacks on the Federal Reserve coupled with his call for a government run business lending facility shows that he believes that private control over the nation's monetary and financial systems have not led to results that are 'making America great again'.

In reality government control over primary resources such as energy, banking, and transportation would not be any worse than what is occurring now within the country's dilapidated environment and infrastructure.  And who knows... melding a combination of socialism and capitalism similar to the Chinese model might appeal to both the radical left and conservative right as long as those in charge are not beholden to the companies and contractors who will benefit.

0 comments:

Post a Comment